Management ChangeApr 6, 2026, 04:21 PM
Tapestry Appoints Matthew Madrigal to Board of Directors, Increasing Board Size to 11
AI Summary
Tapestry, Inc. announced the appointment of Matthew Madrigal to its Board of Directors, effective April 6, 2026, increasing the board size from ten to eleven members. Madrigal will receive standard non-employee director compensation, including a $100,000 annual cash retainer and $200,000 in annual equity grants, plus an initial $200,000 equity grant, all in restricted stock units vesting after one year.
Key Highlights
- Matthew Madrigal appointed as a new director, increasing board size to 11.
- Madrigal to receive $100,000 annual cash retainer.
- Madrigal to receive $200,000 annual equity grant and an initial $200,000 equity grant, both in restricted stock units vesting after one year.
Price Impact
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